Wilmington, DE 19897 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Wilmington, DE — 19897
Median Listing Price
--
Population
--
Households
224,173
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
236K
units
Occupied
224,173
95.0%
Vacant
11,906
5.0%
2024 Tenure
224K
occupied
Owner
154,724
69.0%
Renter
69,449
31.0%
Renter Share
31.0%
-1.6% YoY
Total Housing Units
236,079
+0.4% YoY
FY2026 Fair Market Rent — New Castle County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,397
/month
1 BR
$1,520
/month
2 BR
$1,810
/month
3 BR
$2,170
/month
4 BR
$2,423
/month
FMR Trends — New Castle County
Source: HUD Fair Market Rents
County Demographics
Median Age
39.3
2024
Population
New Castle County Population
588,093
+1.0% YoY
Households
Total Households
224,173
+0.6% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.51
+0.4% YoY
Age
2024 Age Mix
578K
residents
Under 18
122,695
21.2%
Adults 18–64
356,708
61.7%
65 & Over
98,558
17.1%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
122,695
+0.1% YoY
Population 65 & Over
98,558
+3.6% YoY
Median Age
39.30
+0.3% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
88.9%
Moved (within US)
10.5%
Other
0.6%
Veterans
5.8%
-4.9% YoY
County Economy
Income
Median Household Income
$91K
+1.4% YoY
Per-Capita Income
$48K
+1.7% YoY
Mean Household Income
$121K
+2.1% YoY
Poverty
Below Poverty Level
10.1%
-1.0% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
68.6%
Public transit
2.6%
Worked from home
17.6%
Other
11.2%
Worked From Home
17.6%
+13.5% YoY
Mean Commute
25.30
-0.4% YoY
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